Urged to send and receive text messages saying that the family would handle fraud.

No, it may not be true. The following are possible scenarios and explanations:

1. Mistransmission or fraud: The information that may be received is wrong or fraudulent. Some criminals may send false short messages, claiming that they are suspected of contract fraud and requesting to report to the local authorities for handling. In this case, you should be vigilant and check.

2. loans overdue: If you do exist in loans overdue and the news of 1068 comes from a consumer financial institution, then the content of the news may be true. In this case, the consumer finance company may have reported your overdue situation to the relevant local departments for handling. You can contact the organization to understand the specific situation and take corresponding actions.

To sum up, it is impossible to directly judge whether it is suspected of contract fraud according to the content of the received SMS. I suggest you carefully check the relevant situation, get in touch with consumer finance companies and consult their opinions and suggestions.